304
304
Dec 26, 2012
12/12
by
KQED
tv
eye 304
favorite 0
quote 0
and, unfortunately, we didn't make the fuel economy on either car. what we want to communicate to you guys is how proud we are of you. the adults are really proud of each other. we've had a wonderful time working on this project. and really, really at the end of the day, this is an educational experience. and every single adult here has pulled ann and i aside and told us how impressed they are with you and what an incredible experience this is. you know, as a teenager, you might not realize everything that you've learned. but looking back on it, you will. and so for that, we're really proud. >> folks haven't heard the last of west philly. you know, we still... we still got more to do. just because we may not be in the x prize competition until the end doesn't mean we can't continue to the end to reach that 100 mile per gallon ratio and then put it in front of everybody and say, "we still were able to accomplish what we set out to do." >> and i wanna tell you something, one little, quick little blurb. you all heard me say how respect isn't given away,
and, unfortunately, we didn't make the fuel economy on either car. what we want to communicate to you guys is how proud we are of you. the adults are really proud of each other. we've had a wonderful time working on this project. and really, really at the end of the day, this is an educational experience. and every single adult here has pulled ann and i aside and told us how impressed they are with you and what an incredible experience this is. you know, as a teenager, you might not realize...
291
291
Dec 31, 2012
12/12
by
KQED
tv
eye 291
favorite 0
quote 0
the economy started to work. everyone thinks it is oil prices. no. it is oil price, one element, is important. but also how government and how leadership of the country work together in order to make rules and circumstances for the growth and also for young people to get jobs, for example. look at spain now. the word is at 50% of young people on unemployment. >> rose: that is the number. >> it's terrifying, correct. >> rose: yes so then at 25 you don't know how every second, young professional doesn't know where he will work. so russia does maybe a little bit better than average in europe. with human rights, well, the stories get famous, they even get more famous than the killing of miners in south africa which amazes me in the modern world. >> rose: you mean the story does get a lot of attention. but there were even medvedev thought, had some question about how long they should be in prison. >> i think they should not even talk about seven years, that's ridiculous. >> rose: i mean your friend, the president could stop this in a second. >> well, i do
the economy started to work. everyone thinks it is oil prices. no. it is oil price, one element, is important. but also how government and how leadership of the country work together in order to make rules and circumstances for the growth and also for young people to get jobs, for example. look at spain now. the word is at 50% of young people on unemployment. >> rose: that is the number. >> it's terrifying, correct. >> rose: yes so then at 25 you don't know how every second,...
237
237
Dec 27, 2012
12/12
by
KQED
tv
eye 237
favorite 0
quote 0
economy: home prices post their biggest advance in two years. that and more tonight on "n.b.r."! christmas may be over, but the holiday shopping season continues.
economy: home prices post their biggest advance in two years. that and more tonight on "n.b.r."! christmas may be over, but the holiday shopping season continues.
111
111
Dec 29, 2012
12/12
by
MSNBCW
tv
eye 111
favorite 0
quote 0
it helps the economy. cutting that off, all at once, means you take that money out of an economy, just beginning to get back on its feet. earlier this year, the congressional budget office looked at the economic impact of unemployment insurance. they found extending unemployment benefits would increase economic growth by as much as half a percentage points. that's big in a year when 3 or 3.5 would be a good number. so, a, it is great for the economy, unemployment benefits. it is the stimulative thing built into the system. and b, well, b is the part that is even a little harder to stomach. in the great history of this country, we have never before discontinued federal unemployment benefits when the unemployment rate was above 7.3%. right now that rate is 7.7%. this would kind of be a grand experiment we are trying on the unemployed. let's just kick them off unemployment insurance in an economic environment where we've historically never done that before. then let's see what happens. but, you know, what, it
it helps the economy. cutting that off, all at once, means you take that money out of an economy, just beginning to get back on its feet. earlier this year, the congressional budget office looked at the economic impact of unemployment insurance. they found extending unemployment benefits would increase economic growth by as much as half a percentage points. that's big in a year when 3 or 3.5 would be a good number. so, a, it is great for the economy, unemployment benefits. it is the stimulative...
125
125
Dec 31, 2012
12/12
by
MSNBCW
tv
eye 125
favorite 0
quote 0
that would hurt our economy badly. we can get that done. democrats and republicans both say they don't want taxes to go up on middle class families. that's something we all agree on. if we can get that done, that takes a big bite out of the fiscal cliff. it avoids the worst outcomes. and we're then going to have some tough negotiations in terms of how we continue to reduce the deficit, grow the economy and create jobs. >> if the fight comes back -- i want to ask you specifically about entitlements, medicare and social security, are you prepared in the first year of your second term, to significantly reform those two programs, to go beyond the cuts you've suggested to benefits in medicare, which your own debt commission suggested you'd have to do if you were really going to shore up medicare at least. are you prepared to do that in your first year of the second term? >> what i've said is i'm prepared to do everything i can to make sure that medicare and social security are there not just for this generation but for future generations. >> you
that would hurt our economy badly. we can get that done. democrats and republicans both say they don't want taxes to go up on middle class families. that's something we all agree on. if we can get that done, that takes a big bite out of the fiscal cliff. it avoids the worst outcomes. and we're then going to have some tough negotiations in terms of how we continue to reduce the deficit, grow the economy and create jobs. >> if the fight comes back -- i want to ask you specifically about...
114
114
Jan 2, 2013
01/13
by
MSNBCW
tv
eye 114
favorite 0
quote 0
, but the world economy, and house republicans are very much aware of this. i spoke to a number of house republicans who are very close to leadership and they kept reiterating they shed too much blood on this tax hike, but they are preparing their powder for this debt limit. the idea president obama is not going to negotiate over it, i think, is going to be very difficult, because house republicans see this as their trump card. they are willing to bring the president, bring the economy as close to the edge, as close to the knees, as they can in exchange for spending cuts. boehner has this rule he very much believes in. boehner now, especially after this, has to appear strong to his conference. they are going to ask for an exchange for every dollar the debt limit has raised for adjoining spending cut, not to mention, joanne, they know some concessions democrats are willing to make, medicare entry rates, changing social security. they are not going to raise this for the sake of raising it. they are going to want something in return, something big they can show
, but the world economy, and house republicans are very much aware of this. i spoke to a number of house republicans who are very close to leadership and they kept reiterating they shed too much blood on this tax hike, but they are preparing their powder for this debt limit. the idea president obama is not going to negotiate over it, i think, is going to be very difficult, because house republicans see this as their trump card. they are willing to bring the president, bring the economy as close...
321
321
Dec 31, 2012
12/12
by
MSNBCW
tv
eye 321
favorite 0
quote 1
and by the way, historically, that's not how we grow an economy. we grow an economy when folks in the middle, folks who are striving to get in the middle class, when they do well. >> but i'm asking you about time frame. as you well know, about to begin your second term, your political capital, even having just won re-election, is limited. so what is your single priority of your second term? what is the equivalent to health care? >> well, there are a couple of things that we need to get done. i've said that fixing our broken immigration system is a top priority. i will introduce legislation in the first year to get that done. i think we have talked about it long enough. we know how we can fix it. we can do it in a comprehensive way that the american people support. that's something we should get done. the second thing that we've got to do is to stabilize the economy and make sure it's growing. part of that is deficit reduction. part of it is also making sure that we're investing, for example, in rebuilding our infrastructure, which is broken. if we
and by the way, historically, that's not how we grow an economy. we grow an economy when folks in the middle, folks who are striving to get in the middle class, when they do well. >> but i'm asking you about time frame. as you well know, about to begin your second term, your political capital, even having just won re-election, is limited. so what is your single priority of your second term? what is the equivalent to health care? >> well, there are a couple of things that we need to...
140
140
Dec 31, 2012
12/12
by
MSNBCW
tv
eye 140
favorite 0
quote 0
that would hurt our economy badly. we can get that done. democrats and republicans both say they don't want taxes to go up on middle class families. that's something we all agree on. if we can get that done, that takes a big bite out of the fiscal cliff. it avoids the worst outcomes. and we're then going to have some tough negotiations in terms of how we continue to reduce the deficit, grow the economy and create jobs. >> if the fight comes back -- i want to ask you specifically about entitlements, medicare and social security, are you prepared in the first year of your second term, to significantly reform those two programs, to go beyond the cuts you've suggested to benefits in medicare, which your own debt commission suggested you'd have to do if you were really going to shore up medicare at least. are you prepared to do that in your first year of the second term? >> what i've said is i'm prepared to do everything i can to make sure that medicare and social security are there not just for this generation but for future generations. >> you
that would hurt our economy badly. we can get that done. democrats and republicans both say they don't want taxes to go up on middle class families. that's something we all agree on. if we can get that done, that takes a big bite out of the fiscal cliff. it avoids the worst outcomes. and we're then going to have some tough negotiations in terms of how we continue to reduce the deficit, grow the economy and create jobs. >> if the fight comes back -- i want to ask you specifically about...
209
209
Dec 30, 2012
12/12
by
MSNBCW
tv
eye 209
favorite 0
quote 1
they believe that the economy grows best from the middle class out. and at a certain point, you know, it is very important for republicans in congress to be willing to say we understand we're not going to get 100%. we are willing to compromise in a serious way in order to solve problems as opposed to being worried about the next election. >> you said that republicans have a hard time saying yes, particularly to you. >> yes. >> what is it about you, mr. president, that you think is so hard to say yes to? >> that's something that you're probably going to have to ask them, because, david, you follow this stuff pretty carefully. the offers that i've made to them have been so fair that a lot of democrats get mad at me. i mean, i offered to make some significant changes to our entitlement programs in order to reduce the deficit. i offered not only $1 trillion -- over $1 trillion in spending cuts over the next ten years, but these changes would result in even more savings in the next ten years and would solve our deficit problem for a decade. they say that t
they believe that the economy grows best from the middle class out. and at a certain point, you know, it is very important for republicans in congress to be willing to say we understand we're not going to get 100%. we are willing to compromise in a serious way in order to solve problems as opposed to being worried about the next election. >> you said that republicans have a hard time saying yes, particularly to you. >> yes. >> what is it about you, mr. president, that you...
123
123
Dec 27, 2012
12/12
by
MSNBCW
tv
eye 123
favorite 0
quote 0
would it hurt the real economy before we get a deal? or would the prospect of pain create such pressure, would congress change course before we feel it. the strategy of the folks who want to go over the cliff. the theory that is behind that idea is that going over will create so much political pressure, so much political pain that we'll quickly get a deal because congressmen won't want to stand before that amount of political anger. it will happen before it causes much real damage to the economy, we won't go over for long, it will be a week or two. that's where these plans to blunt the impact could have a very unintended consequence, though. if they work well enough, they take away the pressure that's supposed to force a quick deal. that would drag this whole thing out, meaning more damage gets done to the economy in total. government agencies have been sending out memos like this one, they reassured staffers their jobs will not be in danger next week if we go over the cliff. it seems the agencies are preparing for a short run in which
would it hurt the real economy before we get a deal? or would the prospect of pain create such pressure, would congress change course before we feel it. the strategy of the folks who want to go over the cliff. the theory that is behind that idea is that going over will create so much political pressure, so much political pain that we'll quickly get a deal because congressmen won't want to stand before that amount of political anger. it will happen before it causes much real damage to the...
199
199
Dec 29, 2012
12/12
by
MSNBCW
tv
eye 199
favorite 0
quote 1
but let's make sure that middle class families and the american economy and, in fact, the world economy, aren't adversely impacted because people can't do their jobs. >> this from a president who is incurably optimistic. for him to be modestly optimistic, that says something. that means the 11th hour is here. will last-minute action be enough to avoid a fiscal cliff? to avoid a cliff dive? get your cell phones out. i want to know what you think. tonight's question, in light of the president's remarks, will a fiscal cliff deal get done? text "a" for yes, text "b" for no to 622639 or go to our bloblog at ed.msnbc.com. i'll bring you the results later in the show. joining me now is sheldon whitehouse from rhode island. thank you for joining us. >> thank you for having me. >> sir, this is serious, this is even dire. are you encouraged by the meeting today and the president's remarks in the aftermath of that meeting? >> well, i think that the decision to move the forum for the negotiations to the senate was a necessary one. i have a lot of confidence in harry reid's negotiating ability. mitc
but let's make sure that middle class families and the american economy and, in fact, the world economy, aren't adversely impacted because people can't do their jobs. >> this from a president who is incurably optimistic. for him to be modestly optimistic, that says something. that means the 11th hour is here. will last-minute action be enough to avoid a fiscal cliff? to avoid a cliff dive? get your cell phones out. i want to know what you think. tonight's question, in light of the...
235
235
Dec 30, 2012
12/12
by
FOXNEWSW
tv
eye 235
favorite 0
quote 0
>> the economy is going to continue to turn around. not going to be a boon but it will continue to grow some what slowly in the first half of the year and start to pick up and housing a key part of that. >> chris: do you think congress and the continued perils of falling cliffs is that going to hurt the economy? >> it would be much more helpful if there was more certainty and the stock market wasn't constantly fluctuating over wondering what our congress going to do. >> chris: finally and this is an area a where we all have strong opinions if not not much that could be said about the first three categories. sports. bill? i know what you will say. you you could still revise this. >> looking forward to the redskins cowboys game tonight. are you going? >> chris: yes. >> you are bigger redskins fan than i am. i love rg 3 but being kind of the pessimist i am i expect them to dash my hopes and lose cowboys tonight and after the fantastic run the redskins will fall short of the playoffs. >> chris: this is dangerous because usually predictions
>> the economy is going to continue to turn around. not going to be a boon but it will continue to grow some what slowly in the first half of the year and start to pick up and housing a key part of that. >> chris: do you think congress and the continued perils of falling cliffs is that going to hurt the economy? >> it would be much more helpful if there was more certainty and the stock market wasn't constantly fluctuating over wondering what our congress going to do. >>...
140
140
Jan 2, 2013
01/13
by
CNNW
tv
eye 140
favorite 0
quote 0
that's how our economy works best. that's hough we grow. the sum total of all the budget agreements we've reached so far proves that there is a path forward that, it is possible if we focus not on our politics but what's -- but on what's right for the country. and the one thing that i think hopefully in the new year we'll focus on is seeing if we can put a package like this together with a little bit less drama, a little bit less brinksmanship, not scare the heck out of folks quite as much. we can come together as democrats and republicans to cucut spending and raise revenue in a way that reduces our deficit, protects the middle class and provides ladders into the middle class for everybody who is willing to work hard. we can set this will debate or at the very least into the allow it to be so all consuming all the time that it stops us from meeting a host of other challenges that we face, creating jobs, boosting incomes, fixing our infrastructure, fixing our immigration system, protecting our planet from the harmful effects of climate chan
that's how our economy works best. that's hough we grow. the sum total of all the budget agreements we've reached so far proves that there is a path forward that, it is possible if we focus not on our politics but what's -- but on what's right for the country. and the one thing that i think hopefully in the new year we'll focus on is seeing if we can put a package like this together with a little bit less drama, a little bit less brinksmanship, not scare the heck out of folks quite as much. we...
166
166
Jan 2, 2013
01/13
by
CNNW
tv
eye 166
favorite 0
quote 0
this is not helpful to the economy, and it will hurt the economy. remember obama is not just raising taxes on the rich right now. we're about to enter a decade where a trillion dollars is going to be taken away from the american people in higher taxes to pay for obama-care. this was passed only by democrats. it is entirely a democrat tax increase. and it includes many taxes that directly hit middle income and lower income people. so obama's tax increase is not just the top tax rates. it's people -- if you have bad health problems and you spend more than 7.5% of your adjusted gross income on out of pocket health costs, you used to be able to deduct anything above that. thanks to obama's law, obama-care, that's now 10%. so $2 million to $3 million will be taken out of people average income $53,000 a year, who are lower income, middle income and sick. they're going to be paying taxes for obama-care. there's an avalanche of obama tax increases coming next year. >> i just want to point out, grover norquist, though, having said all that and everything you
this is not helpful to the economy, and it will hurt the economy. remember obama is not just raising taxes on the rich right now. we're about to enter a decade where a trillion dollars is going to be taken away from the american people in higher taxes to pay for obama-care. this was passed only by democrats. it is entirely a democrat tax increase. and it includes many taxes that directly hit middle income and lower income people. so obama's tax increase is not just the top tax rates. it's...
175
175
Jan 2, 2013
01/13
by
MSNBCW
tv
eye 175
favorite 0
quote 0
that will hurt the economy. he got his tax increase, but he can't claim republican fingerprints on his tax increase. >> let's wait a second. we're not living in the alice in wonderland world here, it's literally a tax increase. rates are up. >> what happened yesterday was all the tax rates went up and then the republicans and the congress together took them down for some people, not for everybody. there was an automatic tax increase, a whole series of tax increases, which were then countermanded in a second bill. here's the good news, the tax rates that we have now and the deductions and credits are all made permanent, okay, so we never end up with this topsy-turvy situation, and this is where the president is in an interesting position, the one clout he had was this threat to raise taxes on everyone and republicans gave some of what he wanted and couldn't take everything back off the table in terms of protecting taxpayers, but that's gone. so now there are three things apping. one, you've got the sequester, whi
that will hurt the economy. he got his tax increase, but he can't claim republican fingerprints on his tax increase. >> let's wait a second. we're not living in the alice in wonderland world here, it's literally a tax increase. rates are up. >> what happened yesterday was all the tax rates went up and then the republicans and the congress together took them down for some people, not for everybody. there was an automatic tax increase, a whole series of tax increases, which were then...
126
126
Dec 30, 2012
12/12
by
WJLA
tv
eye 126
favorite 0
quote 0
>> well, the financial services is part of the economy, as well as the economy more broadly wants to avoid the cliff. we don't want a howard dean scream as the country bungee jumps into the cliff. >> a low. >> you might need one. i was right then, and i'm right now. >> but to answer your question, seriously -- and thank you, governor dean for your good sense of humor. >> thank you, tim. >> -- you've got to have moments in politics, you've got to have people get their backs up against the wall to do something big but you don't want to overplay your hand. >> aren't republicans playing with fire? >> speaker boehner came out early, jonathan, and said, look, i'll raise revenues and also increase the debt ceiling. in that moment there was a signal that perhaps a bigger deal could have been done and then it fell apart but there was an acknowledgement that the debt ceiling would go up by speaker boehner. there was an acknowledgement that revenues would go up by speaker boehner, so the one wing of the plane you feed to fly over the cliff was being constructed pretty nicely on that side, but t
>> well, the financial services is part of the economy, as well as the economy more broadly wants to avoid the cliff. we don't want a howard dean scream as the country bungee jumps into the cliff. >> a low. >> you might need one. i was right then, and i'm right now. >> but to answer your question, seriously -- and thank you, governor dean for your good sense of humor. >> thank you, tim. >> -- you've got to have moments in politics, you've got to have people...
177
177
Jan 2, 2013
01/13
by
CNNW
tv
eye 177
favorite 0
quote 0
that's how our economy works best. that's hough we grow. the sum total of all the budget agreements we've reached so far proves that there is a path forward that, it is possible if we focus not on our politics but what's -- but on what's right for the country. and the one thing that i think hopefully in the new year we'll focus on is seeing if we can put a package like this together with a little bit less drama, a little bit less brinksmanship, not scare the heck out of folks quite as much. we can come together as democrats and republicans to cut spending and raise revenue in a way that reduces our deficit, protects the middle class and provides ladders into the middle class for everybody who is willing to work hard. we can set this will debate or at the very least into the allow it to be so all consuming all the time that it stops us from meeting a host of other challenges that we face, creating jobs, boosting incomes, fixing our infrastructure, fixing our immigration system, protecting our planet from the harmful effects of climate change
that's how our economy works best. that's hough we grow. the sum total of all the budget agreements we've reached so far proves that there is a path forward that, it is possible if we focus not on our politics but what's -- but on what's right for the country. and the one thing that i think hopefully in the new year we'll focus on is seeing if we can put a package like this together with a little bit less drama, a little bit less brinksmanship, not scare the heck out of folks quite as much. we...
116
116
Jan 2, 2013
01/13
by
CNNW
tv
eye 116
favorite 0
quote 0
that's how our economy works best. that's hough we grow. the sum total of all the budget agreements we've reached so far proves that there is a path forward that, it is possible if we focus not on our politics but what's -- but on what's right for the country. and the one thing that i think hopefully in the new year we'll focus on is seeing if we can put a package like this together with a little bit less drama, a little bit less brinksmanship, not scare the heck out of folks quite as much. we can come together as democrats and republicans to cut spending and raise revenue in a way that reduces our deficit, protects the middle class and provides ladders into the middle class for everybody who is willing to work hard. we can set this will debate or at the very least into the allow it to be so all consuming all the time that it stops us from meeting a host of other challenges that we face, creating jobs, boosting incomes, fixing our infrastructure, fixing our immigration system, protecting our planet from the harmful effects of climate change
that's how our economy works best. that's hough we grow. the sum total of all the budget agreements we've reached so far proves that there is a path forward that, it is possible if we focus not on our politics but what's -- but on what's right for the country. and the one thing that i think hopefully in the new year we'll focus on is seeing if we can put a package like this together with a little bit less drama, a little bit less brinksmanship, not scare the heck out of folks quite as much. we...
145
145
Jan 2, 2013
01/13
by
CNNW
tv
eye 145
favorite 0
quote 0
economy and the world economy, by standing on principle. certainly the principle is very important to a lot of these republicans but again, that's why the speaker has been going through, you know, this is actually a good way that somebody put it to me here, that republicans in the house who came in two years ago vowing to cut spending and keep taxes low over the past couple of days has been trying to go through the stages of grief and now they're just about getting to the seventh stage of grief. >> let me ask this quick question. there are people who seem to think a new congress starts with the swearing in of a new president. that is not true. the new congress takes office when? >> reporter: thursday. january 3rd. that's when the new congress is sworn in and i should tell you that democrats still control the senate with more seats. republicans still control the house but democrats do have more seats. so that will definitely change the dynamic. >> don't go anywhere. i know you are not going to go. you will go talk to people and find out what
economy and the world economy, by standing on principle. certainly the principle is very important to a lot of these republicans but again, that's why the speaker has been going through, you know, this is actually a good way that somebody put it to me here, that republicans in the house who came in two years ago vowing to cut spending and keep taxes low over the past couple of days has been trying to go through the stages of grief and now they're just about getting to the seventh stage of...
143
143
Dec 28, 2012
12/12
by
MSNBCW
tv
eye 143
favorite 0
quote 0
, the economy, and the economy. >> how -- i think part of the sad reality is there will continue to be gun violence between now and the time that any legislation is proposed, but how do we keep the pressure on, and again i think this question of getting something meaningful done because as dana pointed out, we know the nra isn't stopping. they are knocking on doors and making phone calls. how do we make sure something doesn't get watered down in the enand we get something meaningful? >> the key thing is to remember that the president has the bully pulpit and there are 535 people on capitol hill who can do something by sending a bill to the president that he can sign into law, but none of that is going to happen unless the anger that was there in the immediate hours and days of sandy hook, unless that continues to boil and that folks, you know, from their lrms, at their computers, on the phone burning up the phone lines on capitol hill to make it clear that the american people haven't forgotten, the american people are still mourning, still angry about what happened to the slaughter of
, the economy, and the economy. >> how -- i think part of the sad reality is there will continue to be gun violence between now and the time that any legislation is proposed, but how do we keep the pressure on, and again i think this question of getting something meaningful done because as dana pointed out, we know the nra isn't stopping. they are knocking on doors and making phone calls. how do we make sure something doesn't get watered down in the enand we get something meaningful?...
274
274
Jan 1, 2013
01/13
by
CNNW
tv
eye 274
favorite 0
quote 0
greece is the 32nd largest economy in the world. the u.s. is the largest economy in the world. our gdp per capita is the eighth in the world. greece is the 32nd or something like that. everything we have is bigger than greece. the idea we will be like greece is just entirely incorrect. greece can't issue its own bonds, the u.s. can. the u.s. can borrow money at a rate of about 1.7% for ten years. he has a lot of points and a lot of it is just differences in ideology and belief, and that's okay, but those facts are very misleading. i hope he would stop saying that and others would stop saying that. the united states cannot be compared to greece on 99% of the levels other than the fact we're human beings and eat food. >> good point, ali. stand by, we have a lot more to worry about as far as the fiscal cliff is concerned. we're faollowing the other breaking news concerning the secretary of state. >> out of the senate, another scathing report today on the deadly attack in benghazi, libya. mary snow is back with that. >> wolf, the new report says terrorists walked right into the con
greece is the 32nd largest economy in the world. the u.s. is the largest economy in the world. our gdp per capita is the eighth in the world. greece is the 32nd or something like that. everything we have is bigger than greece. the idea we will be like greece is just entirely incorrect. greece can't issue its own bonds, the u.s. can. the u.s. can borrow money at a rate of about 1.7% for ten years. he has a lot of points and a lot of it is just differences in ideology and belief, and that's okay,...
101
101
Dec 28, 2012
12/12
by
MSNBCW
tv
eye 101
favorite 0
quote 0
so that our economy won't be zero next year. that is in a recession which will occur if we take $700 billion out of it because of the tax increases and spending cuts. about 100 to $200 billion is all that we can afford to take out of it. then our gross domestic product will still grow at about 2.5% to 3%. that's the first step. then speaker boehner and the president come together. they are within $500 billion of step two. $3 trillion debt reduction. all he is there to do is come back and -- $2.5 trillion -- >> next ten years. >> that's where we need them to generate the political will that's right for america's economy. >> i want to ask you about political will. we look at he is mums and it seems there is a lot of republicans that are weary of the -- agreeing to any deal because of a threat of a primary. a lot of the folks in the house chop from conservative districts. barack obama is a bad word. they don't want any association with them. how much of that do you think is a real issue here and how do you strategize around that to
so that our economy won't be zero next year. that is in a recession which will occur if we take $700 billion out of it because of the tax increases and spending cuts. about 100 to $200 billion is all that we can afford to take out of it. then our gross domestic product will still grow at about 2.5% to 3%. that's the first step. then speaker boehner and the president come together. they are within $500 billion of step two. $3 trillion debt reduction. all he is there to do is come back and --...
163
163
Dec 31, 2012
12/12
by
MSNBCW
tv
eye 163
favorite 0
quote 0
. >> well, it is calamitous for the economy in the long term. i think in the short term, it gives a real blow to consumer confidence. and we saw after the debt ceiling showdown last year that that can be really damaging to the economy, even if congress does wrap up in the new year and turn around and pass something retroactively. >> okay, so, we have, and we're going to look at how we got here, but we have a lot of people who are coming on the set or coming on the show and just shaking their head with washington. they just can't -- it's like this -- it's stupid! it's completely stupid that we're sitting here talking about a deal that's not going to happen or a deal that could be withered down into something that puts off a deal, that just holds things off, because wasn't the deadline to actually avoid doing just that? wasn't it? >> sure. >> it all started about a decade ago with the $1.5 trillion bush tax cuts. republicans wanted to make them permanent, but a 2006 bill gave the cuts an expiration date. they were supposed to expire. the cuts were
. >> well, it is calamitous for the economy in the long term. i think in the short term, it gives a real blow to consumer confidence. and we saw after the debt ceiling showdown last year that that can be really damaging to the economy, even if congress does wrap up in the new year and turn around and pass something retroactively. >> okay, so, we have, and we're going to look at how we got here, but we have a lot of people who are coming on the set or coming on the show and just...
224
224
Dec 27, 2012
12/12
by
CNNW
tv
eye 224
favorite 0
quote 0
let's talk about the effect on the economy. i think it's important to point out that it if no deal is reached by january 1st, some things will take effect right away. 2% increase in payroll taxes. no more unemployment benefits for 2 million americans. others will take a little longer to take effect. having said that, what will be the impact on the economy long-term, do you think? >> i think you have to look at this more than as a fiscal cliff but as a fiscal slide. what we're doing is we're beginning a slide and we're going to slide slowly if we don't do something by february we'll have a debt limit crisis that will also cause us so accelerate and reduce the confidence in the united states of america, which is something we should not allow to have happ happen. by march, all of a sudden there will be a payroll in tax increases in terms of what people have to pay whether it's estimated taxes or if your payroll, all these things will make it more difficult. we'll watch declining effort. this is not the same level as what the euro
let's talk about the effect on the economy. i think it's important to point out that it if no deal is reached by january 1st, some things will take effect right away. 2% increase in payroll taxes. no more unemployment benefits for 2 million americans. others will take a little longer to take effect. having said that, what will be the impact on the economy long-term, do you think? >> i think you have to look at this more than as a fiscal cliff but as a fiscal slide. what we're doing is...
103
103
Dec 29, 2012
12/12
by
CNNW
tv
eye 103
favorite 0
quote 0
i think extending unemployment insurance is a big negative for the economy. i don't see why republicans would want to do that and they don't. what's sort of in this deal for the republicans? there's no real spending cuts here. in fact, there's a spending increase in exchange for a tax increase. i see republicans walking away from the table on that. we need real serious spending cuts and they're just not being presented here. >> that's part of the tragic aspect of this whole kabuki. working toward a deal, the president was offering some entitlement reform -- >> what entitlement reform? >> changed cpi on social security, talked about raising the eligibility age, that's not nothing from a democratic president. >> the democrats never put raising the eligibility age of medicare on the table, that was one of the reasons the negotiations broke down. >> there's a reason for that and the reason is simple. you can't do this in a two-day period. we need a deal which is going to get us over the tax cliff so we don't have the increase in tax rates. but an entitlement refo
i think extending unemployment insurance is a big negative for the economy. i don't see why republicans would want to do that and they don't. what's sort of in this deal for the republicans? there's no real spending cuts here. in fact, there's a spending increase in exchange for a tax increase. i see republicans walking away from the table on that. we need real serious spending cuts and they're just not being presented here. >> that's part of the tragic aspect of this whole kabuki....
151
151
Dec 31, 2012
12/12
by
CNNW
tv
eye 151
favorite 0
quote 0
scene whether the republicans being driven by a very extreme group of house members will allow our economy to pert because of their desire to protect multimillionaires in this country. that's what it's going to boil down to. >> any plan would need house speaker john baner to bring it to the floor for a vote. republican representative tom cole says he's confident that boehner can get the votes he needs. >> on the speaker's plan, he had over 200 republican votes, it's not as if he had an awfully strong hand to play, if it's a deal john boehner can accept, it will be passed in a bipartisan manner with a very strong majority. if on the other hand he's neutral or not favorable, his chances will be a lot slimmer. >> lisa desjardins following the fiscal cliff negotiations on capitol hill. do you have any good news for us, lisa? >> reporter: the news is a little better than it was earlier today. we know negotiations are still happening. there was a point today where we thought there was a total breakdown. tonight it's between senator mitch mcconnell and vice president joe biden. we're some of the
scene whether the republicans being driven by a very extreme group of house members will allow our economy to pert because of their desire to protect multimillionaires in this country. that's what it's going to boil down to. >> any plan would need house speaker john baner to bring it to the floor for a vote. republican representative tom cole says he's confident that boehner can get the votes he needs. >> on the speaker's plan, he had over 200 republican votes, it's not as if he had...
288
288
Dec 29, 2012
12/12
by
CNNW
tv
eye 288
favorite 0
quote 0
and romney set his sights on the president. >> it is still about the economy. and we arestupid. >> reporter: at number nine, bain. not that one. that one. almost as soon as romney had locked up the nomination, his former private investment firm, bain capital, was sacrificed by the super pacs, and the obama campaign. >> they sucked the life out of us. >> reporter: the attack ads put romney on the defense for months. >> there is nothing wrong with being associated with bain capital, of course. >> reporter: romney vowed to strike down the health care law himself. >> i am that one that is going to get rid of obama care. >> reporter: at number seven, gas. >> governor romney, do you feel the gas over shadowed the foreign trip? >> reporter: the candidate's missteps dominated. or in romney's case, the entire foreign trip, whereporters. >> this is a holy site. >> reporter: then at number six, the conventions were remembered less for the nominees and running mates, and more for. >> what do you want me to tell romney? he can't do that to himself. >> reporter: the warmup a
and romney set his sights on the president. >> it is still about the economy. and we arestupid. >> reporter: at number nine, bain. not that one. that one. almost as soon as romney had locked up the nomination, his former private investment firm, bain capital, was sacrificed by the super pacs, and the obama campaign. >> they sucked the life out of us. >> reporter: the attack ads put romney on the defense for months. >> there is nothing wrong with being associated...
116
116
Jan 3, 2013
01/13
by
CURRENT
tv
eye 116
favorite 0
quote 0
if we go over the cliff and 5 trillion-dollar is taken out of the economy you're heading into a major recession, more unemployment. the fact that we prevented 99% of americans from paying higher income taxes very important. two million workers will continue to get unemployment benefits. very important. seniors on medicare will be able to walk into the doctor's office and get treated rather than see their doctors get a 27% reduction in their reimbursement rates. those are the reasons why i voted for it. the arguments against it are several fold. two of the main ones are number one, there was an tremendous tax break on estate tax that will benefit the top three-tenths of 1%. that's about $100 billion over a ten-year period. all republicans wanted that and some democrats as well. totally outrageous. second of all we made permanent or at least until congress changes it some very bad proposals within the bush tax breaks of 91 and 93. instead of racing tax raising taxes on dividends we only took it up to 20%. by and large the president wanted $1.6 trillion in new revenue. this comes out at
if we go over the cliff and 5 trillion-dollar is taken out of the economy you're heading into a major recession, more unemployment. the fact that we prevented 99% of americans from paying higher income taxes very important. two million workers will continue to get unemployment benefits. very important. seniors on medicare will be able to walk into the doctor's office and get treated rather than see their doctors get a 27% reduction in their reimbursement rates. those are the reasons why i voted...
202
202
Dec 30, 2012
12/12
by
MSNBCW
tv
eye 202
favorite 0
quote 0
and secondly, that's a lot of mop e ey -- money sucked out ofe economy. so this is a very serious consequence. it is, by the way, why i still think there is going to be a deal on the cliff. i think on the republican side, they know that the only way to contain the tax increase that would come full force if we go over the cliff is to make a deal now. because it will be harder for them to deal after the clinton tax rates all come back. they also realize they're probably going to take most of the blame. but on the democratic side, there is a real interest in protecting all of those vulnerable people, plus the middle class people on the amt. and the last thing president obama wants is something that will stop what looks like a reasonably steady economic growth that we're having right now. this coming year could be a very good year for us if we don't let all this political nonsense get in the way. >> it's hard to imagine how it doesn't. you look at the record, and we talked about it, of this congress. fewer bills passed of any since they've been keeping record
and secondly, that's a lot of mop e ey -- money sucked out ofe economy. so this is a very serious consequence. it is, by the way, why i still think there is going to be a deal on the cliff. i think on the republican side, they know that the only way to contain the tax increase that would come full force if we go over the cliff is to make a deal now. because it will be harder for them to deal after the clinton tax rates all come back. they also realize they're probably going to take most of the...
107
107
Jan 3, 2013
01/13
by
MSNBCW
tv
eye 107
favorite 0
quote 0
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses you know it even after all these years. but your erectile dysfunction - you know,that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all your medical conditions and medications, and ask if your heart is healthy enough for sexual activity. do not take cialis if you take nitrates for chest pain, as this may cause an unsafe drop in blood pressure. do not drink alcohol in excess with cialis. side ef
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses you know it even after all these years. but your erectile dysfunction - you know,that could be a...
131
131
Dec 26, 2012
12/12
by
MSNBCW
tv
eye 131
favorite 0
quote 0
>> the main thing about the internet-driven revolution and every sector of the economy. up becomes down and down becomes up. people should be doing their homework in classes with tutors and should be getting the lectures not in the classes, but at homes online. let me give you another example. if you are an able student from a high income family, you have a seven times greater chance and probability of being in an elite university than if you are just as able, but from a low-income family. that's a disparity that is cleatly unfair. it is completely inconsistent with the american dream and hopes we have for everybody in our society to be all that they can be. the internet has to be used by interior entrepreneurs to find children of unique ability and teach them individually and give them the maximum opportunity to take advantage of those abilities. that same capability that the internet mermts to identify consumer preference can be used to identify the likelihood to achieve an educational topic. >> so your idea seems to be unleash the innovation and that is the key to rev
>> the main thing about the internet-driven revolution and every sector of the economy. up becomes down and down becomes up. people should be doing their homework in classes with tutors and should be getting the lectures not in the classes, but at homes online. let me give you another example. if you are an able student from a high income family, you have a seven times greater chance and probability of being in an elite university than if you are just as able, but from a low-income...
250
250
Jan 1, 2013
01/13
by
MSNBCW
tv
eye 250
favorite 0
quote 0
the large concern here is the impact that going over the cliff would have on the economy. now economists say look, it's not going to be a windfall on wednesday. it's not going to be a complete disaster all at once. but what could happen is that the markets could begin to respond on wednesday. they're closed of course tomorrow for the holiday. and then over time, the average american could wind up paying about $2,000 more in their taxes. and if we went over the cliff and stayed over the cliff for a significant amount of time, the economy could eventually begin to dip back into recession. and that is really the big concern here. you've heard president obama talk about those concerns when he has held some of these public campaign events. he held one today to pressure congress to act. he has talked about the fact that this is a really about americans and the economy and preventing the economic recovery from being harmed. milissa? >> kristen, there concern at all in the white house that if this does go up to vote, perhaps in the senate tonight, the house tomorrow, is there conc
the large concern here is the impact that going over the cliff would have on the economy. now economists say look, it's not going to be a windfall on wednesday. it's not going to be a complete disaster all at once. but what could happen is that the markets could begin to respond on wednesday. they're closed of course tomorrow for the holiday. and then over time, the average american could wind up paying about $2,000 more in their taxes. and if we went over the cliff and stayed over the cliff...
146
146
Dec 30, 2012
12/12
by
CNNW
tv
eye 146
favorite 0
quote 0
he talked about writing the economy again -- righting the economy again. immigration reform. and energy. in his top four he did not mention gun control until prompted by david gregory. take a listen. >> you know, i've been very clear that, you know, assault rifle ban, banning these high-capacity clips, background checks, that there are a set of issues i have historically supported and will continue to support. >> back with "time" magazine's michael crowley, hill's a.b. stoddard, karen tumulty, and cnn's chief white house -- cnn's chief -- white house correspondent jessica yellen. so, it was not a yes, we're going to get this gun thing done, whatever the gun thing is, whether it is school safety, combination of that and mental health, some kind of gun control. it was not uppermost on the president's mind. what do you make of that? >> he's not running into the breach and as a president you have to prioritize. >> about anything. >> really about any of those. he didn't seem that passionate about his second term agenda. he may still be figuring it out. he responded to a question w
he talked about writing the economy again -- righting the economy again. immigration reform. and energy. in his top four he did not mention gun control until prompted by david gregory. take a listen. >> you know, i've been very clear that, you know, assault rifle ban, banning these high-capacity clips, background checks, that there are a set of issues i have historically supported and will continue to support. >> back with "time" magazine's michael crowley, hill's a.b....
142
142
Dec 31, 2012
12/12
by
MSNBCW
tv
eye 142
favorite 0
quote 0
the economy is in the tank. it's a much scarier thing, and it would be better for the economy long run if they could get the debt limit as part of this deal. >> they're not going to do it. especially this congress. i want to put up a chart that is probably my favorite chart in all of chart-dom. this gets to the heart of how difficult it is to do this. republicans keep saying stop spending, right? when you get them to sort of be specific, they can't do it, and i think this is the reason why. >> basically it shows that two-thirds of the spending. >> 24% defense. health care spending, which is medicare, and health care for our veterans, and medicaid is 22%. education is only 4% of the budget, and it's the biggest thing. welfare doesn't even show up. it's in other. the question always for me is what is it that republicans want to cut, and isn't that the reason, and i'll go to jen on this, that they keep going at social security, which doesn't contribute to the deficit, but which is a big pot of money. >> the electio
the economy is in the tank. it's a much scarier thing, and it would be better for the economy long run if they could get the debt limit as part of this deal. >> they're not going to do it. especially this congress. i want to put up a chart that is probably my favorite chart in all of chart-dom. this gets to the heart of how difficult it is to do this. republicans keep saying stop spending, right? when you get them to sort of be specific, they can't do it, and i think this is the reason...
161
161
Jan 1, 2013
01/13
by
MSNBCW
tv
eye 161
favorite 0
quote 0
. >> let's get back to the economy for just a moment. a white house campaign staff member told me yesterday that 67% of the american people want the wealthy to pay more. do you believe that number? and do you think the people are with you on that? >> absolutely, look, i come from a wealthy state of little delaware, and got elected seven times in the state being a progressive. and i never once engaged in the so-called class war fare. because i found out, and you know as i do, wealthy people are just as patriotic as lower class and middle class people. >> you said they're ready to do more. >> i remember looking at a poll, we were trying to get the jobs bill passed. and we said in order to put 400,000 teachers and teachers aides, and firefighters and cops all you had to do was raise 5/10th of 1%, i remember the majority of the millionaires supported that. so i just think these guys, i just -- i think the american public is ready to step up and do their fair share, including millionaires. >> citizens united. there is a very good chance that
. >> let's get back to the economy for just a moment. a white house campaign staff member told me yesterday that 67% of the american people want the wealthy to pay more. do you believe that number? and do you think the people are with you on that? >> absolutely, look, i come from a wealthy state of little delaware, and got elected seven times in the state being a progressive. and i never once engaged in the so-called class war fare. because i found out, and you know as i do, wealthy...
178
178
Dec 31, 2012
12/12
by
CNNW
tv
eye 178
favorite 0
quote 0
others think if you increase taxes it will hurt the economy. that may actually have some truth to it. but there's a tone deafness out there that has now superseded all of this, congressman, and it is -- we just heard mitch mcconnell, i don't know why people say things like this, but they make people wonder about legislators saying on the floor of the senate, i worked all day saturday to get this thing done. there's been -- i can't say this enough times. you have had 516 days to get this done and you have had 12 years to deal with the bush era tax cuts. what's the problem? >> you know, ali, i can't agree with you more. we actually passed a budget in the house back in the springtime, passed it to the senate. the senate was unable to pass a budget at all. they actually voted down the president's budget 97-0. so while the democrats are talking so much about the president's leadership, they did not support him back in the spring. in august the house passed a continuation of the current tax rate, a bill which the senate could have taken up in august,
others think if you increase taxes it will hurt the economy. that may actually have some truth to it. but there's a tone deafness out there that has now superseded all of this, congressman, and it is -- we just heard mitch mcconnell, i don't know why people say things like this, but they make people wonder about legislators saying on the floor of the senate, i worked all day saturday to get this thing done. there's been -- i can't say this enough times. you have had 516 days to get this done...
388
388
Jan 1, 2013
01/13
by
CNNW
tv
eye 388
favorite 0
quote 0
the bigger problem is how it hits the economy. if any of this starts to hurt the ability for people to spend, you start to feel that around you. that's where you see layoffs and people spending less. you probably would have seen more. we're just having people look at these bills and economists come out with their predictions. it will still slow things down a little bit because an increase in taxes tends to do that. probably no net effect. we're going to be talking about this in february again because the debt ceiling. we'll talk about it in march pause we have pushed forward that sequestration and the spending cuts decision. so we're not in the clear just yet. for the moment, the only difference you'll see is the payroll tax cut having gone away which means less out of your paycheck. >> the spending cuts, that's a huge deal that really was just glossed over almost. >> absolute ly. it won't be glossed over. it will be the political fight of the year. there's no question. a lot of those republicans have said now that the tax battle
the bigger problem is how it hits the economy. if any of this starts to hurt the ability for people to spend, you start to feel that around you. that's where you see layoffs and people spending less. you probably would have seen more. we're just having people look at these bills and economists come out with their predictions. it will still slow things down a little bit because an increase in taxes tends to do that. probably no net effect. we're going to be talking about this in february again...